Transcript dubai import export

Engr. Salam AL SHARIF
BIR Chairman for Ambassadors Committee
Bureau of Middle East Recycling (BMR) President
Sharif Metals Intl, Chairman
GROWTH OF INDIAN ECONOMY
when
1991
INDIAN ECONOMY
OPENED UP and actively
reached out to the world…
Same time when DUBAI
started evolving as the
INTERNATIONAL CENTER
FOR TRADE &
COMMERCE.
INDIA’s TRADE WITH THE REST OF THE WORLD
India shipped US$264 billion worth of products around the
globe in 2015; roughly 1.4% of overall global exports estimated
at $18.686 trillion.
49.4% of India’s total exports
by value in 2015 were delivered
to other Asian trade partners.
European importers
purchased 18.7% of Indian
shipments while 17.1% worth
arrived in North America.
At 9.7%, a smallest portion
of Indian exports were
bought by African
importers.
POWER, CONSTRUCTION and
AUTOMOTIVE sectors, the three
major segments contributing around
60% of metal consumption.
OPPORTUNITIES
 Rapid Urbanization
 Increasing demand for consumer
durables
 Untapped rural demand
 Increasing interest of foreign aluminum
producers in India
 Globalization
overall consumption of
Aluminum in India is at
5 million tonnes in 2015
and projected at
by
.
10 million tonnes
2020
Scrap Import
into Indian
market
Steel
Foundry
Aluminum
Copper
Zinc
Lead
Other scrap
9.40
7.80
1.02
0.33
0.20
0.15
0.28
19.19
million mt
COOPERATION BETWEEN MIDDLE EAST & INDIA
Indo-Middle East relationship dates back to historic time
when large volume of trade used to take place between the
Malabar coast in Southern India and the Gulf.
INDIAN OIL IMPORTS FROM THE MIDDLE EAST
India becomes
3rd Largest Oil Importer
after the United States and
China.
India imported 109.09
million tons of crude from
the Middle East during this
year.
India’s oil import from
Middle East rises to
59%!!!
Free Trade Agreement (FTA) were discussed between the two
nations within the GCC framework.
These FTAs captured policy
liberalization pertaining to goods,
services, investment and economic
cooperation.
Later on, 2013 saw the
endorsement of a Bilateral
Investment and Trade Promotion
Agreement (BITPA) between India
and UAE.
Trade relationship estimated at USD75.5 billion in
2013, registering 25% annual growth in the
previous three years.
MIDDLE EAST PROXIMITY TO INDIA
MIDDLE EAST, INDIA’s NEAREST SOURCE OF SUPPLY
The region has been contributing to the global recycling chain, having been a
major source of supply for copper, aluminum and steel industries worldwide.
GCC, hub of metal scrap
Scrap Trade on the Rise
The metal recycling industry in
the Middle East has been on
the rise ever since urban
infrastructure became the
primary focus of the GCC
countries.
Today, the region has become
a hub for sourcing metals
scrap, India & China being its
major importer. The metal
recycling industry in the GCC
overrides on the supply side.
India scrap imports
India imports a sizeable
amount of metals,
Aluminum, Copper,
Plastics, Lead and Zinc
articles from the GCC
countries
India, Stepping Up
its Aluminium
Scrap Recycling
Pursuits
The
downstrea
m industry
has been
an integral
part of the
business.
The process of reclaiming compounds
and elements from products, building
and waste.
A new approach towards
recycling.
A contributor to
reindustrializing the city.
Megacities can produce sufficient
amounts of secondary resources for
large scale production of raw
materials by Urban Mining.
TRADE IMPEDIMENTS
Tariffs and Non-Tariff Barriers to trade can arise from…
 Import bans
 Regulatory constraints
 Additional trade documents like Certificate of Origin, Certificate of
Authenticity, etc. (PSIC)
 Import licenses
 Export subsidies
 Product classification
 Manipulation of ICD’s
BUREAU OF MIDDLE EAST RECYCLING
Founded in 2008 amidst crisis
and has managed to set the platform…
setting the platform towards recovery and vibrant changes…
Next slide…BMR VIDEO
BUREAU OF MIDDLE EAST RECYCLING
BUREAU OF MIDDLE EAST RECYCLING
With cooperation between associations, we
believe that we can deliver the crucial mission of
staying in the course of higher industry growth.
CORE OF BIR MISSION
 Protection of the environment
 Sustained supply of sufficient resources for future generations
 Informing international policy makers of the nature of the recycling
business
 Reiterating the important environmental role of recycling industry for the
preservation of our planet.
BMR, MRAI, ANMA Joint Associations Meeting &
MOU Signing
28 September 2014 at Sharif Metals Int’l Office,
UAE
BMR PRESIDENTIAL DINNER
PARK HYATT DUBAI, 2015
CONCLUSION
Middle East & India Strengthening Ties
BUREAU OF MIDDLE EAST RECYCLING